According to the interview on channel tv, Presidential spokesman, Bayo Onanuga, says if not stopped, cryptocurrency trading website Binance will destroy the Nigerian economy by arbitrarily fixing foreign exchange rate.“If we don’t clamp down on Binance, it will destroy the economy of this country.
They just fix the rate,” a displeased Onanuga said on Channels Television’s Politics Today programme on Wednesday.
If we don’t clamp down on Binance, Binance will destroy the economy of this country. They just fix the rate.
– Bayo Onanuga, Special Adviser to President Tinubu on Information & Strategy#PoliticsToday#ChannelsTVNews pic.twitter.com/FTzuOyvbl9
— Channels Television (@channelstv) February 28, 2024
They just fix the rate,” a displeased Onanuga said on Channels Television’s Politics Today programme on Wednesday.“We have saboteurs. Look at what Binance is doing to our economy. That is why the government moved against Binance.
Explorerng.com reports that Two senior executives at Binance have been detained in Nigeria.
Some people sit down using the cyberspace to dictate even our exchange rate, hijacking the role of the CBN.“They just sit down and fix anything they like. It’s a sabotage and we are trying to prevent that from happening henceforth,” he stated.
explorer news gathered some comments below
@CashielGodwin1
“But other countries have Binance and other Crypto stuffs, why isn’t it ruining their country?”
@PatoEner
“It’s no longer AbokiFX?”
@smartbenson1
“So na Binance make dollar rise come affect rice and ugwu”
@LawalOlabisi4
“Digital hijack of the economy 🤣🤣 wahala pro max..”
@henroo01
“Auto pilot country”
